Nymbus and Citizens Bank of Edmond to launch niche bank for US military
The product will offer financial services designed to meet the needs of newly enlisted members of the military.
The product will offer financial services designed to meet the needs of newly enlisted members of the military.
Open Banking Expo is the largest global community of open banking, open finance and open payments execs.
The CFPB will set out guidance to hem BNPL firms much closer to credit cards in terms of regulation.
The acquisition, for an undisclosed sum, is expected to close by the end of Q3.
Banc of California paid $24 million for the acquisition, with 70% in cash and 30% in stock.
Sardine boasts a client list of over 135 companies including FTX, Blockchain.com and WealthSimple.
Despite “significant growth” in payment volumes over the last 12 months, the firm is looking to cut 40 employees.
Monese will use the new funds to grow its cloud-based Platform-as-a-Service (PaaS) business.
The new funding brings the total capital raised by Yellow Card to $57 million.
NCR says the split will “unlock value” for the company’s shareholders.
Denim automates invoicing, collections and payments, claiming to reduce daily payments and collections tasks by 75%.
The start-up has raised $11 million in venture funding and $400 million in a credit facility.
Kerri Miller brings over 20 years of corporate experience in the banking sector.
Five front-end companies were chosen by the ECB out of 54 applicants.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Ethic’s vision is to create “a world in which all investing is sustainable investing”.
Philippines-based Robinsons Bank (RBank) will implement BPC’s SmartVista payments platform.
The latest round brings the company’s overall capital raised to date to more than $40 million.
Modern Treasury and Goldman Sachs Transaction Banking aim “to accelerate the shift to embedded payments”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
A handy round-up of the recent funding endeavours of fintech companies across UK and Europe
The company expects its products to go live in Brazil in the first half of 2023.
Candis is an accounts payable (AP) processes automation solution.
CBE, Egypt’s central bank and monetary authority, will implement Profile’s Acumen.plus treasury management system.
Interactive Transaction Solutions (ITS) is a business-to-business (B2B) payment gateway.
The start-up has raised $300 million in a credit facility and $16.1 million in seed funding.
The funding will be used towards building its business account and expanding across Southeast Asia.
The new funding will be used to increase Kafene’s employee headcount and onboard more merchants onto its platform.
Majority says it will deploy the new funds towards enhancing its suite of essential services.
KlariVis says it was built by bankers for bankers.
The partnership will allow the bank’s clients to give their employees access to earned wages before payday.
Nexus’ procure-to-pay solution, customers and suppliers will join Bottomline’s Paymode-X B2B payments network.
Freiberg was co-chairman and CEO of Citigroup’s global consumer group for three decades.
It will provide financial solutions via digital banking apps, embedded finance and as Banking-as-a-Service.
Pega’s CRM platform will consolidate four different back-office systems at First Tech FCU.
Revolut Pay is already being used by merchants including Shopify and WH Smith.
Carroll will oversee the development of technology, supporting Bankjoy’s digital service ecosystem.
The Finalytics.ai digital experience platform increased conversion rates more than 270% at Visions FCU.
Hassan Suffyan joins from Ernst & Young UK.
Applications for the Fintech Innovation Challenge are open until 15 September 2022.